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The latest update is out from CITIC Resources Holdings ( (HK:1205) ).
CITIC Resources Holdings Limited reported a significant decline in profit for the first half of 2025, with a 57% decrease in profit attributable to ordinary shareholders compared to the previous year. This decline was primarily due to lower average selling prices for crude oil and coal, increased raw material costs, and reduced profits from associates and joint ventures. Despite these challenges, the company maintained a strong financial position with substantial cash reserves, while half of its segments and investments remained profitable.
The most recent analyst rating on (HK:1205) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on CITIC Resources Holdings stock, see the HK:1205 Stock Forecast page.
More about CITIC Resources Holdings
CITIC Resources Holdings Limited operates in the natural resources sector, focusing on the exploration and production of crude oil, coal, and alumina. The company is involved in various segments, including oil exploration and production, coal mining, and aluminum smelting, with a market focus on energy and raw materials.
Average Trading Volume: 7,454,522
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.3B
See more insights into 1205 stock on TipRanks’ Stock Analysis page.